taxes Property Tax Assistance

2021 ISD Summary Worksheet

175-Navarro /Navarro County

175-911/Rice ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	57,319,440	0.8560	66,961,963	57,319,440
B - MULTIFAMILY	111,390	N/A	111,390	111,390
C1 - VACANT LOTS	7,798,163	N/A	7,798,163	7,798,163
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	3,920,970	1.2814	3,059,815	3,920,970
D2 - FARM & RANCH IMP	1,740,340	N/A	1,740,340	1,740,340
E - NON-AG LAND AND IMPROVEMENTS	84,000,642	0.9023	93,096,134	84,000,642
F1 - COMMERCIAL REAL	21,172,050	0.9325	22,704,611	21,172,050
F2 - INDUSTRIAL REAL	207,320	N/A	207,320	207,320
G - ALL MINERALS	15,340	N/A	15,340	15,340
J - ALL UTILITIES	22,007,460	0.9620	22,876,778	22,007,460
L1 - COMMERCIAL PERSONAL	7,592,890	N/A	7,592,890	7,592,890
L2 - INDUSTRIAL PERSONAL	528,610	N/A	528,610	528,610
M1 - MOBILE HOMES	10,837,390	N/A	10,837,390	10,837,390
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	1,825,970	N/A	1,825,970	1,825,970
Subtotal	219,077,975	0	239,356,714	219,077,975
Less Total Deductions	24,516,252	0	28,236,776	24,516,252
Total Taxable Value	194,561,723	0	211,119,938	194,561,723

The taxable values shown here will not match the values reported by your appraisal district

See the ISD DEDUCTION Report for a breakdown of deduction values

Government code subsections 403.302(J) AND(K) require the Comptroller to certify alternative measures of school district wealth.These measures are reported for taxable values for maintenance and operation(M & O) tax purposes and for interest and sinking fund(I & S) tax purposes.For districts that have not entered into value limitation agreements, T1 through T4 will be the same as T7 through T10.

Value Taxable For M & O Purposes

T1	T2	T3	T4
199,284,758	194,561,723	199,284,758	194,561,723

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
4,723,035	0

T1 = School district taxable value for M & O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the additional $10,000 homestead exemption and the tax ceiling reduction

T3 = T1 minus 50% of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I & S Purposes

T7	T8	T9	T10
199,284,758	194,561,723	199,284,758	194,561,723

T7 = School district taxable value for I & S purposes before the loss to the additional $10, 000 homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the additional $10, 000 homestead exemption and the tax
ceiling reduction

T9 = T7 minus 50 % of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50 % of the loss to the local optional percentage homestead exemption

THE PVS FOUND YOUR LOCAL VALUE INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD

175-911-02/Rice ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	57,319,440	0.8560	66,961,963	57,319,440
B - MULTIFAMILY	111,390	N/A	111,390	111,390
C1 - VACANT LOTS	7,798,163	N/A	7,798,163	7,798,163
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	3,920,970	1.2814	3,059,815	3,920,970
D2 - FARM & RANCH IMP	1,740,340	N/A	1,740,340	1,740,340
E - NON-AG LAND AND IMPROVEMENTS	84,000,642	0.9023	93,096,134	84,000,642
F1 - COMMERCIAL REAL	21,172,050	0.9325	22,704,611	21,172,050
F2 - INDUSTRIAL REAL	207,320	N/A	207,320	207,320
G - ALL MINERALS	15,340	N/A	15,340	15,340
J - ALL UTILITIES	22,007,460	0.9620	22,876,778	22,007,460
L1 - COMMERCIAL PERSONAL	7,592,890	N/A	7,592,890	7,592,890
L2 - INDUSTRIAL PERSONAL	528,610	N/A	528,610	528,610
M1 - MOBILE HOMES	10,837,390	N/A	10,837,390	10,837,390
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	1,825,970	N/A	1,825,970	1,825,970
Subtotal	219,077,975		239,356,714	219,077,975
Less Total Deductions	24,516,252		28,236,776	24,516,252
Total Taxable Value	194,561,723		211,119,938	194,561,723

The taxable values shown here will not match the values reported by your appraisal district

See the ISD DEDUCTION Report for a breakdown of deduction values

Government code subsections 403.302(J) AND(K) require the Comptroller to certify alternative measures of school district wealth.These measures are reported for taxable values for maintenance and operation(M & O) tax purposes and for interest and sinking fund(I & S) tax purposes.For districts that have not entered into value limitation agreements, T1 through T4 will be the same as T7 through T10.

Value Taxable For M & O Purposes

T1	T2	T3	T4
199,284,758	194,561,723	199,284,758	194,561,723

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
4,723,035	0

T1 = School district taxable value for M & O purposes before the loss to the additional $10, 000 homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the additional $10, 000 homestead exemption and the tax ceiling reduction

T3 = T1 minus 50 % of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50 % of the loss to the local optional percentage homestead exemption

Value Taxable For I & S Purposes

T7	T8	T9	T10
199,284,758	194,561,723	199,284,758	194,561,723

T7 = School district taxable value for I & S purposes before the loss to the additional $10, 000 homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the additional $10, 000 homestead exemption and the tax
ceiling reduction

T9 = T7 minus 50 % of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50 % of the loss to the local optional percentage homestead exemption